A grand jury report released yesterday under the subtle titled “Mayday, Mayday, Mayday! The County Drifts Ever Closer to the ‘OPEB’ Rocks” shows that Contra Costa County is facing a long-term debt of $2.6 billion as a result of its generous retiree benefits. The figure is based on the county’s 8,400 employees and 5,200 retirees and their spouses (not including dependents) receiving health coverage. A
